defrauding News

Cognizant Reaches $95M Settlement With U.S. Shareholders Over Bribery Allegations

Cognizant Technology Solutions Corp has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company of defrauding shareholders by concealing bribes to officials in India. A preliminary settlement of the proposed class action was filed …

Louisiana Lawyer Indicted for Defrauding Clients

A federal grand jury has indicted a 67-year-old New Orleans attorney on one count of mail fraud. U.S. Attorney Jim Letten says Robert Hackett represented professional athletes in their workers’ compensation claims and defrauded them of about $462,615. Letten said …